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In today's era, if someone does not have money. So there is no need to ask for money from other people. Now people can get loans to fulfill every need. People get loans according to their different needs.

But about 70 percent of the people in the country are such who are not able to take loan from the bank at the time of need. Because they do not have collateral or good credit history. In such a situation, there are many government schemes. Which provide loan to common people without interest or at very low interest.

Many people feel that it is impossible to get a loan without interest. The Government of India and the governments of some states have started such schemes whose aim is to provide financial help to small businessmen, farmers and women. In these schemes, loan is available on easy terms.

In the year 2015, the Government of India started the Pradhan Mantri Mudra Yojana. Through this scheme, the government gives loans to small traders for business. In this, loans are given in three categories Shishu, Kishor and Tarun. Shishu loan is up to 50,000. While Tarun is up to 10 lakhs. These loans are very low or zero.

The Government of India started the Stand-up India scheme in the year 2016. In which Scheduled Caste (SC), Scheduled Tribe (ST) and women entrepreneurs are promoted. Under the scheme, the government gives a loan of Rs 10 lakh to Rs 1 crore to start a new business. In which there is no interest for the first few months.

If any woman wants to start her own business. So the governments of many states of the country give interest-free and subsidized loans to women self-help groups. In Tamil Nadu, Telangana and Andhra Pradesh, loans are given to women under Dwacra Loan Scheme, Mahila Loan Scheme.

The government has also made arrangements for loans for the farmers of the country. Farmers get a loan of up to Rs 5 lakh for farming needs under the Kisan Credit Card. Farmers are given a subsidy of 2 to 4% on this loan.